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looking to rebound after the dow posted its worst weekly drop in a year. tech leading the way lower. apple fell 9% last week. worries about iphone demand prompted investors to look at it. apple lost $300 billion in market value since last september. well, the senate may vote on a bill to let states collect sales tax on all online purchases and they've been recruiting users to rally against the measure and gas prices could drop another 20 cents by memorial day. it is due to the falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. betty. >> may be time for a road trip then. >>> thank you. >>> other stories, traveling by air, first day with a 10% slash to the air traffic controller workforce. it's part of the sequester. delays were mostly non eexisten on thursday except for waits around new york and los angeles but the real test begins today. the furloughs last through september and are expected to save 200 million bucks. >>> the u.s. is going after china on cybersecurity and "wall street journal" reports that they're considering several aggressi
congress does something about it, unlikely they will given the mood up there right now. >>> apple by the way, is reporting its quarterly earning with very low expectations. dan is joining us now. what exactly is there problem? >> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and reco
-year high. hong kong's hang seng added a fraction. essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this weekend. the sigh-fie thriller stars tom cruise as one of the last humans on a war-torn earth following an alien investigation. it hauled in more than $83 million. 42 fell to second place with $178 million in second. the croods rounds out the top three with 5.93. anne-marie? >> erica ferrari in new york. thank you, erica. straight ahead, your monday morning weather. and legally arrested. actress reese witherspoon has an embarrassing run-in with the law during a traffic stop. so i can't afford to have germy surfaces. but a fresh sheet of bounty duratowel
, will be rescheduled today. including the bruins game, the red sox game, and hopefully, the big apple circus. >> a big and happy, and hopefully, relief-filled day for boston. elizabeth vaas reporting from copley square. let's talk about the brothers tsarnaev. for years, they seemed to be productive members of the boston community. so what changed? how did they get radicalized? pierre thomas joins us with more. pierre, good morning to you. >> reporter: in many ways, this is the quest for the american dream turned nightmare. immigrants of the russian caukasus, the brothers came to the u.s. with their parents, attempting refugee status and thrived. >> the high school student i knew and my classmates knew is the exact opposite of the person that's been committing these crimes. >> reporter: their mother, speaking to russian television, refuses to believe her sons are vicious killers. >> it's impossible. impossible for them -- for both of them to do such things. i'm telling that this is a setup. >> reporter: older brother, tamerlan, 26, was a star athlete and pianist. also a champion golden gloves boxer. wi
south bay, is the new center of tech. now certainly the san jose area still has apple, the world's most valuable company, as well as google. >> talk about that facebook phone. >> peninsula has facebook. but the new hot start-ups, twitter, yelp, sales force, were all drawn to san francisco. several because of the city's community benefit agreement or cba. a contract whereby the city agrees to drop some taxes in exchange for economic benefits. in the case of start-up zen, the company agreed to locate in the downtrodden tenderloin. and support local jobs. in this case, a accident desk luncheon catered by a charity which trains and employs formerly homeless workers. that arrangement has become known as the twitter tax break. however, it really ought to be known as the zen tax break. mark nu. martin giles of the economist. we will talk about how -- what you have to do to san francisco to earn this. but let's start with what you get out of it. why do you want this? >> i think that -- several things drove this product. one of the things i feel personally is the most for thing is that we have a
to a pair of stories expected to be in the news ahead. starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65 billion. ♪ >> that is the most watched video on youtube. "gangnam style" with more than $1.5 billion views. >> youtube has become the number one source of viral videos, cat videos in particular like this post showing a cat playing with a vacuum cleaner. what is it about cats on youtube? i don't know. this is one of the most watched videos this week. >> you are watching cnn news room live. we will have more on the boston investigation. >> stay with cnn. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recon
. >>> apple shares are higher after hours, revenue and profits came in better than expected. however, the guidance was disappointing. >>> also bullish news on housing did help stocks today. new home sales rose 1.5% in march. reversing a steep decline in february. that is it from cnbc, first in business worldwide. back to "hardball." >>> welcome back to "hardball." in philadelphia, right now, the trial of an abortion doctor charged with the murder of babies, the prosecutorors say we born alive, is generating national headlines. of course, it was page 1 of today's "usa today" with the headline "gruesome testimony renews debate over abortion." i'm not sure about that, but it is is gruesome testimony. a grand jury report released in 2011 called the clinic a house of horrors. the bottom line remains this is a murder case. originally dr. kirmet was charged with seven counts of first-degree murder for killing babies that were allegedly born alive and viable. a judge threw out three of the seven murder charges. the judge did not explain his reasoning. reports indicated he did not hear suffic
report. also apple results come out after the closing bell one of the most sophisticated reports of this earnings season in part because the stock is down 30% over the past year. other events we're following this morning floodwaters rising in the midwest swallowing entire communities whole. next we're going to take you tloiv a town trying to save its homes. and then a 6-year-old boy, attacked by an alligator, and survives! >> the alligator -- and grabbed my arm and i couldn't get out. >> he and his father join us with the terrifying encounter. a? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates. for naturally clear skin. [ female announcer ] neutrogena® naturals. [ female announcer ] for everything your face has to face. face it with puffs ultra soft & strong. puffs has soft, air-fluffed pillows that are dermatologist tested to be gentle on your skin. face every day with puffs softness. face every day ♪ (train horn) vo: wherever our trains go, the economy comes to l
been canceled. even the big apple circus, gives you the sense of the state boston is in. there is a preponderance of caution as you can imagine. wasn't to che i want to check in with don lemon -- i should say postponed, not canceled -- who is in watertown right now. tell us what you've been witnessing over the last couple of minutes. >> anderson, i've never seen anything like this domestically. i've been witnessing thousands upon thousands of police officers, hundreds upon hundreds of police officers here going door to door, searching every single home. and i've been seeing as you'll see now, fire trucks, rescue units, tactical vans, armored vehicles, massive police presence, go in and out of this area. i've seen the perimeter move from neighborhood to neighborhood. and it has gotten closer to us every single moment here. and there you go, you see the watertown fire department rushing off to some place. and behind them, an unmarked police vehicle. and that's been the scene here really throughout this morning and throughout the entire evening here. we got to witness sever
. the boston bruins and the big apple circus also have postponed tonight's events. good reasoning for that. let's get the latest now, brian todd joining us. you've taken a close look moment by moment as we await the start of the news conference with the latest from law enforcement authorities. give us a picture of what has happened here for our viewers in the united states and around the world. >> it's an incredible picture, wolf. for the past 16 plus hours this has been one of the most intense man hunts in american history but it was at the point a little more than 24 hours ago when law enforcement gave us the first clear visual images of these suspects that really seem to set it all in motion. the release of the images on thursday afternoon let the suspects know the feds were on to them. even if the authorities didn't know their names yet or where to find them. >> we consider them to be armed and extremely dangerous. >> reporter: around 10:00 p.m. that night it all began to unravel. the suspects allegedly robbed a convenience store outside of boston in cambridge near the famed massachusetts i
Search Results 0 to 9 of about 10